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Currency Converter – The Much Needed Calculator For Currency Traders

When professional currency traders want to find out about the absolute rate value of multiple currencies, they resort to the help of a calculator – one that is really designed to convert currencies. The foreign exchange market is very well known for its tremendous volatility in nature. And so it [CONTINUE READING]

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Foreign Currency Market News – Use The Stock Market To Trade Foreign Currency

Foreign Currency Market News For anyone who has ever had the dream in which he could use the stock market to trade foreign currency and make tons of money in the process, secret forex trading methods could be the thing that could bring those dreams to life. Certainly one could [CONTINUE READING]

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Foreign Currency Market Hours – Basics Of Automated Currency Trading

Foreign Currency Market Hours Most trading experts have realized that automated currency trading is able to provide greater opportunities for profitability than other futures markets around the world. Foreign currency exchanging that is done online is said to produce a number of benefits, which normal currency trading do not offer. [CONTINUE READING]

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Advantages Of Sending A Currency Transfer To A Pegged Currency Account

In many countries around the world a fixed exchange rate regime is in force, which supports not only the stability of the local financial system but simplifies currency transfers as well. In general, a fixed exchange rate (also a pegged exchange rate or a currency peg) means that the local [CONTINUE READING]

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The Risks Of Making A Currency Transfer In An Exotic Currency

Five major currencies dominate the worlds Forex market, these being the U.S. dollar, the euro, the British pound, the Swiss franc and the Japanese yen. A broader definition for the major currencies includes the Canadian, Australian and the New Zealand dollar, also called minor currencies. Trading in these currency pairs [CONTINUE READING]

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Floating Currency Rates Vs Fixed Currency Rates

Supply and demand determine the value of goods and the value of currencies is not an exception to this basic rule of economics. The prices of all commodities and derivative goods vary in time, while the value of a particular currency fluctuates against the value of other currencies. A floating [CONTINUE READING]

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How The European Single Currency Affects Currency Transfer Operations

The Euro benefits customers within the European Union but limits the power to act of the governments in the Eurozone The adoption of the single European currency in late 1999 had a mixed effect on currency transfer operations and the overall economic performance of the European Union (EU). It lowered [CONTINUE READING]